Radian Group (NYSE:RDN) Earning Somewhat Positive News Coverage, Accern Reports
News stories about Radian Group (NYSE:RDN) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Radian Group earned a daily sentiment score of 0.15 on Accern’s scale. Accern also gave news headlines about the insurance provider an impact score of 46.4264717454143 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the news headlines that may have effected Accern Sentiment Analysis’s rankings:
- Radian Group Inc (RDN) Needle Moving -1.03% – Evergreen Caller (evergreencaller.com)
- Reflections On The Current State Of Radian Group Inc. (RDN), Annaly Capital Management, Inc. (NLY) – AllStockNews (allstocknews.com)
- Valuing 2 Stocks Using Ratios and Multiples: Pitney Bowes Inc. (PBI), Radian Group Inc. (RDN) – AllStockNews (allstocknews.com)
- Is there Inherent Value in Radian Group Inc (RDN) – Evergreen Caller (evergreencaller.com)
- Taking a Deep Dive into Technical Levels for Radian Group Inc (RDN) – Evergreen Caller (evergreencaller.com)
A number of equities analysts have commented on the company. Keefe, Bruyette & Woods reissued a “buy” rating and issued a $21.00 price objective on shares of Radian Group in a research note on Tuesday, May 30th. BidaskClub raised Radian Group from a “sell” rating to a “hold” rating in a research note on Tuesday, June 13th. Zacks Investment Research raised Radian Group from a “hold” rating to a “buy” rating and set a $20.00 price objective on the stock in a research note on Wednesday, March 29th. Deutsche Bank AG reduced their price objective on Radian Group from $22.00 to $21.00 and set a “buy” rating on the stock in a research note on Friday, April 28th. Finally, ValuEngine raised Radian Group from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, June 7th. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $20.88.
Shares of Radian Group (NYSE:RDN) opened at 17.23 on Wednesday. The company has a market cap of $3.71 billion, a P/E ratio of 12.07 and a beta of 1.60. The stock’s 50 day moving average price is $16.88 and its 200-day moving average price is $17.73. Radian Group has a 52-week low of $12.14 and a 52-week high of $19.87.
Radian Group (NYSE:RDN) last released its quarterly earnings data on Thursday, April 27th. The insurance provider reported $0.37 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.43 by $0.06. Radian Group had a net margin of 26.23% and a return on equity of 12.26%. The firm had revenue of $288.80 million for the quarter, compared to analyst estimates of $304.96 million. During the same period last year, the business earned $0.37 EPS. The company’s revenue was down 7.7% compared to the same quarter last year. Equities analysts expect that Radian Group will post $1.63 EPS for the current year.
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Radian Group Company Profile
Radian Group Inc is an insurance holding company that provides mortgage insurance, and products and services to the real estate and mortgage finance industries. The Company operates in two segments: Mortgage Insurance and Services. The Mortgage Insurance segment provides credit-related insurance coverage, principally through private mortgage insurance to mortgage lending institutions.
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